Skip to main content

The Voice's Robbins: thin press means little scrutiny of Bloomberg (and what about AY?)

Village Voice columnist Tom Robbins, in a piece headlined The Mayor's Press Pass, provides some context about Mayor Mike Bloomberg and, I'd suggest, Atlantic Yards:
One reason for the remarkably charmed life of Mike Bloomberg's administration as he sails toward re-election has been the waning of the city's news business.... When this city enjoyed four fat daily newspapers, editors clamored for strong, tough copy to fill them.

...These days, the papers are onion-skin thin, and exposés are catch as catch can. Newsday, which once gave rival editors panic attacks every morning, doesn't even have a city edition anymore... Nowadays, to fill their meager space, editors prefer colorful yarns to investigations. Until this month, one newspaper carried an entire column about empty rooms. We have the Web, with all of its many hardworking blogs, but most of these spend their energies keeping political scorecards with all the obsession of fantasy baseball addicts: Who's on first, and what coaches are in the dugout? The business of government and its many failings goes largely unexamined.
Yes, largely unexamined, but Robbins at least could have noticed the Atlantic Yards issue, which has generated an enormous amount of homegrown media in response. And he might have mentioned a notably obtuse Voice cover story last month, which proclaimed How New York City's Seven Newspapers Are (Nearly) Surviving.

Multiple examples

Robbins offers several examples of press inattention:
  • Brooklyn Assemblyman Jim Brennan's reports on mayoral control of schools
  • the Daily News's Juan González's report that "the mayor's billion-dollar plan to relocate the city's emergency 911 call system has become a fiasco"
  • the Voice's report on a scandal at the city's NYC-TV operation
  • the mayor's praise for the Stuyvesant Town sale, ignored (well, not initially) in coverage of "the stunning court ruling on the illegal Stuyvesant Town rent hikes"
I'll suggest some other un-covered or undercovered stories:
  • the Empire State Development Corporation's (ESDC) new concessions to Forest City Ratner upon re-approving Atlantic Yards in September
  • Forest City Ratner's bailout of ACORN
  • New York University's questionable absorption of Polytechnic University
The issue: "critical mass"

Robbins offers a general observation:
It's not that there's no investigative spadework being done. What's missing is critical mass.
Indeed, that's true on both a citywide and boroughwide basis.

In the pre-Murdoch days, the Brooklyn Paper would amplify most bits of critical news about Atlantic Yards. Now, the shorthanded Paper's prolific editor, Gersh Kuntzman, spends a good deal of energy writing about food, and couldn't get a staffer--or even a stringer--to attend that the ESDC board meeting in September.

The Post and the Brooklyn Paper

But there is progress: the Brooklyn Paper will now be an insert in selected editions of the New York Post. "[P]erfect together," proclaims the Paper.

Remember, Kuntzman told Gothamist on 2/11/08, "Brooklyn needs us too much right now, what with local papers being snapped up by billionaire moguls who have no interest in local news except maximizing classified ad sales. Has Rupert Murdoch even BEEN to Brooklyn?"

Stern's lament

Former Parks Commissioner Henry Stern, writing under the rubric of his New York Civic (which has mostly steered clear of AY, given Stern's ties to Bruce Ratner, whose company contributes to the organization), observes of Robbins's column:
The irony here is that, because of the very condition Robbins laments, his article is unlikely to gain traction and will shortly disappear from public attention.
But Stern knows it's worthwhile:
The strength of a democracy is based in part on how much its citizens know.

Comments

Popular posts from this blog

Forest City acknowledges unspecified delays in Pacific Park, cites $300 million "impairment" in project value; what about affordable housing pledge?

Updated Monday Nov. 7 am: Note follow-up coverage of stock price drop and investor conference call and pending questions.

Pacific Park Brooklyn is seriously delayed, Forest City Realty Trust said yesterday in a news release, which further acknowledged that the project has caused a $300 million impairment, or write-down of the asset, as the expected revenues no longer exceed the carrying cost.

The Cleveland-based developer, parent of Brooklyn-based Forest City Ratner, which is a 30% investor in Pacific Park along with 70% partner/overseer Greenland USA, blamed the "significant impairment" on an oversupply of market-rate apartments, the uncertain fate of the 421-a tax break, and a continued increase in construction costs.

While the delay essentially confirms the obvious, given that two major buildings have not launched despite plans to do so, it raises significant questions about the future of the project, including:
if market-rate construction is delayed, will the affordable h…

Revising official figures, new report reveals Nets averaged just 11,622 home fans last season, Islanders drew 11,200 (and have option to leave in 2018)

The Brooklyn Nets drew an average of only 11,622 fans per home game in their most recent (and lousy) season, more than 23% below the announced official attendance figure, and little more than 65% of the Barclays Center's capacity.

The New York Islanders also drew some 19.4% below announced attendance, or 11,200 fans per home game.

The surprising numbers were disclosed in a consultant's report attached to the Preliminary Official Statement for the refinancing of some $462 million in tax-exempt bonds for the Barclays Center (plus another $20 million in taxable bonds). The refinancing should lower costs to Mikhail Prokhorov, owner of the arena operating company, by and average of $3.4 million a year through 2044 in paying off arena construction.

According to official figures, the Brooklyn Nets attendance averaged 17,187 in the debut season, 2012-13, 17,251 in 2013-14, 17,037 in 2014-15, and 15,125 in the most recent season, 2015-16. For hoops, the arena holds 17,732.

But official…

At 550 Vanderbilt, big chunk of apartments pitched to Chinese buyers as "international units"

One key to sales at the 550 Vanderbilt condo is the connection to China, thanks to Shanghai-based developer Greenland Holdings.

It's the parent of Greenland USA, which as part of Greenland Forest City Partners owns 70% of Pacific Park (except 461 Dean and the arena).

And sales in China may help explain how the developer was able to claim early momentum.
"Since 550 Vanderbilt launched pre-sales in June [2015], more than 80 residences have gone into contract, representing over 30% of the building’s 278 total residences," the developer said in a 9/25/15 press release announcing the opening of a sales gallery in Brooklyn. "The strong response from the marketplace indicates the high level of demand for well-designed new luxury homes in Brooklyn..."

Maybe. Or maybe it just meant a decent initial pipeline to Chinese buyers.

As lawyer Jay Neveloff, who represents Forest City, told the Real Deal in 2015, a project involving a Chinese firm "creates a huge market for…

Is Barclays Center dumping the Islanders, or are they renegotiating? Evidence varies (bond doc, cash receipts); NHL attendance biggest variable

The Internet has been abuzz since Bloomberg's Scott Soshnick reported 1/30/17, using an overly conclusory headline, that Brooklyn’s Barclays Center Is Dumping the Islanders.

That would end an unusual arrangement in which the arena agrees to pay the team a fixed sum (minus certain expenses), in exchange for keeping tickets, suite, and sponsorship revenue.

The arena would earn more without the hockey team, according to Bloomberg, which cited “a financial projection shared with potential investors showed the Islanders won’t contribute any revenue after the 2018-19 season--a clear signal that the team won’t play there, the people said."

That "signal," however, is hardly definitive, as are the media leaks about a prospective new arena in Queens, as shown in the screenshot below from Newsday. Both sides are surely pushing for advantage, if not bluffing.

Consider: the arena and the Islanders can't even formally begin their opt-out talks until after this season. The disc…

Skanska says it "expected to assemble a properly designed modular building, not engage in an iterative R&D experiment"

On 12/10/16, I noted that FastCo.Design's Prefab's Moment of Reckoning article dialed back the gush on the 461 Dean modular tower compared to the publication's previous coverage.

Still, I noted that the article relied on developer Forest City Ratner and architect SHoP to put the best possible spin on what was clearly a failure. From the article: At the project's outset, it took the factory (managed by Skanska at the time) two to three weeks to build a module. By the end, under FCRC's management, the builders cut that down to six days. "The project took a little longer than expected and cost a little bit more than expected because we started the project with the wrong contractor," [Forest City's Adam] Greene says.Skanska jabs back
Well, Forest City's estranged partner Skanska later weighed in--not sure whether they weren't asked or just missed a deadline--and their article was updated 12/13/16. Here's Skanska's statement, which shows th…

Not just logistics: bypassing Brooklyn for DNC 2016 also saved on optics (role of Russian oligarch, Shanghai government)

Surely the logistical challenges of holding a national presidential nominating convention in Brooklyn were the main (and stated) reasons for the Democratic National Committee's choice of Philadelphia.

And, as I wrote in NY Slant, the huge security cordon in Philadelphia would have been impossible in Brooklyn.

But consider also the optics. As I wrote in my 1/21/15 op-ed in the Times arguing that the choice of Brooklyn was a bad idea:
The arena also raises ethically sticky questions for the Democrats. While the Barclays Center is owned primarily by Forest City Ratner, 45 percent of it is owned by the Russian billionaire Mikhail D. Prokhorov (who also owns 80 percent of the Brooklyn Nets). Mr. Prokhorov has a necessarily cordial relationship with Russia’s president, Vladimir V. Putin — though he has been critical of Mr. Putin in the past, last year, at the Russian president’s request, he tried to transfer ownership of the Nets to one of his Moscow-based companies. An oligarch-owned a…